The supporting data is piling up and the trend lines are clear. By all metrics, it can now be considered a buyer’s market for Jackson Hole real estate. One of the earliest lessons of my real estate career was a version of the “Four Stages” theory of home sales. Some break down the dynamics of the sales cycle into six, nine or as many as 10 stages, but they all say the same thing: when prices have...

With more than a week remaining in March, the 13 residential and three building site sales reported in Teton County, WY, have already exceeded the total of 11 recorded in March 2010, assuring yet another strong month in the Jackson Hole real estate market compared to the depths of 2009. Ironically, it is also encouraging that the average sales price has been trending slightly downward in recent months....

There are now 20 active residential listings in the Town of Jackson listed below $300,000, which is 20 more than were available in 2008. However, until today, when a bank-owned 3-bed, 1,400 square foot townhouse in West Jackson was reduced to $299,000, not one of them included an enclosed garage. So what is a garage in Jackson worth? Well, most off-the-cuff answers might depend on how far below zero the...

Valentine’s Day closings on two Teton Village condominiums helped sustain a recent surge of activity in this coveted corner of Jackson Hole. The sales in Teton Mountain Lodge and Crystal Springs represented about $2.5 million of the approximately $18.4 million in sales volume in Teton Village since Dec. 1, 2010. Additionally, there are currently nine pending sales in Teton Village with a total list...